Greece’s economic climate index showed a significant improvement in December, closing at 107.4 points, from 105.9 points in November.
The index stood at 107.4 points in 2025, approximately the same as in 2024, which indicates stability in the expectations of businesses and citizens in the year that just ended, according to an economic climate survey by IOBE.
The improvement recorded in December is attributed, according to the IOBE survey, from the improvement in expectations in most sectors, with the exception of retail trade, where the festive season does not seem to have been positively assessed.
The downward trend in consumer confidence is halted, with households’ pessimistic forecasts for their financial situation being relatively limited, it is noted.
More specifically,
- in industry, several stocks of finished goods were liquidated
- in construction, private projects continue their upward trend with the relevant index reaching one of
- the highest performances in history
- in services, most sectors are strengthening
- in retail trade, only vehicles moved upwards.
On the demand side, Greek consumers, although they remain the most pessimistic in the EU, are at least in December formulating less negative forecasts for their household finances, but also for the general economic situation in the country, while the intention for major purchases is also recovering.
“In a general assessment, the overall picture of the year had minor fluctuations, with some sectoral differences, but with a generally stable picture compared to the previous year,” the IOBE survey noted.
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